Negotiated land acquisition approval for Cyberpark

Tvm: Cyberpark, Kozhikode has got approval from the State Government for negotiated land acquisition. The Cabinet has approved the request from the revenue department for a negotiated purchase of the land to develop the Cyberpark coming up at Kozhikode.

Talking to Kerala IT News, Mr. Binu Pazhoor, CEO Cyberpark said that the government has agreed on the price proposed by the revenue department. Negotiated purchase of land is being initiated on a fast track basis and this would mean the acquisition can start as early as the middle of this week. Around 68 acres of land in Nellikkode and Pantheerankavu villages of Kozhikode Taluk, near the Medical college at Chevayur has been identified for setting up IT park with SEZ status. Out of this, 25 acres which was in the possesion of Cyberpark has been leased out to the Urankul Labour Co-op Society for the UL Cyberpark. The balance 43 acres needs to be acquired.

Mr. Binu Pazhoor also mentioned that Government has taken considerable care to see that minimum people are displaced on account of the land acquisition. Only 17 families will have to move out of their holdings. The masterplan for Cyberpark will be released shortly.

The Cyberpark at Kozhikode is planned in the lines of Technopark in Thiruvananthapuram and Infopark in Kochi to build, operate and manage IT parks for the promotion and development of investment in IT and ITES industries in Malabar region. Cyberpark has been registered under the Societies Act 1860. Cyberpark is setting up the IT park at Kozhikode in a hub and spoke model with spokes at the SEZs approved land at Eramom in Kannur (27 acres) and Cheemeni in Kasargode (100 acres). Cyberpark hopes to start the infrastructure works at both these places in early 2010.